Don’t Try to Catch a Falling Knife on BTC
Bearish Confirmation Signals
The Daily chart now confirms two extremely dangerous bearish signals, showing that strong selling pressure has fully taken control of the market:
Head and Shoulders (H&S) Reversal Pattern: A large and well-defined H&S pattern has developed near the market top. This classic reversal structure often marks the end of an uptrend, and price action clearly shows a decisive break below the neckline.
Trendline Breakdown: The key long-term ascending trendline, which had supported price for months, has finally been broken. This breakdown signals a major change in market structure, shifting momentum away from bullish accumulation toward aggressive distribution.
Using standard H&S projections, the downside target now sits alarmingly close to the critical $50,000 psychological support zone. Entering long positions at this stage is extremely risky and reckless. Staying out of the market is the smarter move. Do not be trapped by the illusion of “cheap” prices—serious downside targets are already in play.
Are you holding assets showing similar ugly chart structures? Drop them in the comments so everyone stays alert.
